LIV Golf CEO Scott O'Neil has alleviated concerns about the series' funding, stating it is secure for the current season and that the organization will work diligently to ensure its continuation. The breakaway golf league, backed by Saudi Arabia's Public Investment Fund, has been at the center of speculation regarding potential withdrawal of financial support.
Despite rumors, O'Neil emphasized that the series has commitments in place and will operate like any other private equity-funded business. Earlier, O'Neil informed LIV staff that the season would proceed as planned, while the PIF has not commented on the matter. The CEO's comments follow reports of an 'emergency meeting' and speculation about the PIF's potential decision to end funding.
LIV Golf players, including Jon Rahm, have expressed minimal concern about the league's future, with Rahm stating he was 'not too worried' about the rumors.